Latest TrueUSD (TUSD) News
Dubai Court Freezes $456 Million Linked to Justin Sun’s Techteryx Bailout
Dubai’s Digital Economy Court froze $456 million due to ongoing allegations that Techteryx’s reserve funds were fraudulently redirected and misused. The freeze order will remain in effect until Hong Kong courts determine who truly owns the assets. Dubai’s Digital Economy Court has frozen...
Justin Sun’s graveyard of abandoned crypto projects
Justin Sun is a prolific crypto entrepreneur who, like many of his fellow business-building billionaires has never been afraid to throw himself headfirst into new ventures with a frenetic pace and enthusiasm. There are success stories among these projects. For example, TRON, which, despite its...
Dubai Court Freezes $456M in TrueUSD Fraud Case Linked to Justin Sun’s Techteryx Bailout
A judge at the Dubai International Financial Centre (DIFC) has imposed a worldwide freeze on $456 million in assets tied to the alleged misappropriation of TrueUSD (TUSD) stablecoin reserves, a case linked to Tron founder Justin Sun’s earlier bailout of the token. Key Takeaways: A Dubai...
Dubai Freezes $456M in TrueUSD Reserve Dispute Linked to Justin Sun
A judge in Dubai has ordered a worldwide freeze on $456 million in assets linked to a bailout of the stablecoin TrueUSD, placing Justin Sun and his network under renewed scrutiny. The Dubai Digital Economy Court issued the order after TrueUSD’s issuer, Techteryx Ltd., reported that someone...
